Robert Wenzel writes that he spoke with several economics professors at Boston University, the alma mater of economics major Alexandria Ocasio-Cortez.
Yesterday, I spoke over the phone with a number of BU faculty members in the economics department and the consensus was that she was a very bright student who has “very interesting ideas” and that she will have an impact. They seemed to believe that she was getting advice from “top economists,” perhaps Thomas Piketty. Yes, this Thomas Piketty.
Even Prof. Laurence Kotlikoff, who would seem to have the least in common with AOC from a policy perspective (He was President Ronald Reagan’s Council of Economic Advisers), told me that the Boston University economics faculty was “very proud of her.”
He emphasized that AOC was “impressive in many ways” and that what she is advocating “in many ways is closer to where we should be than where we are now.”
He said it was good she was pushing the envelope and that she is causing serious discussion. He particularly likes that she is pushing for a “progressive fiscal system.” He says we now have a regressive fiscal system.